OverviewSuggest Edit

IPG Photonics is a company manufacturing high-power fiber lasers, fiber amplifiers, hybrid fiber or solid-state, and diode lasers. Its products are used in materials processing, communications, medical and advanced applications. The company also manufactures optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors, chillers, and other complementary products.
HQOxford, US
Employee Ratings3.2

Latest Updates

Employees (est.) (Dec 2019)5,960(-4%)
Job Openings68
Revenue (FY, 2019)$1.3 B(-9%)
Share Price (Oct 2020)$186.5 (+2%)
Cybersecurity ratingFMore

Key People/Management at IPG Photonics

Valentin P. Gapontsev

Valentin P. Gapontsev

Chief Executive Officer and Chairman of the Board
Igor Samartsev

Igor Samartsev

Chief Technology Officer & Director
Eugene Scherbakov

Eugene Scherbakov

Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director
Timothy P.V. Mammen

Timothy P.V. Mammen

Chief Financial Officer and Senior Vice President
Alexander Ovtchinnikov

Alexander Ovtchinnikov

Senior Vice President, Components
Trevor D. Ness

Trevor D. Ness

Senior Vice President, World Wide Sales
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IPG Photonics Office Locations

IPG Photonics has offices in Oxford, Anaheim, Birmingham, Dallas and in 31 other locations
Oxford, US (HQ)
50 Old Webster Rd
Anaheim, US
3150 La Palma Ave
Birmingham, US
100 Lucerne Ln
Dallas, US
3400 Carlisle St #210
Fridley, US
5110 Main St NE #1400
Marlborough, US
377 Simarano Dr, Marlborough
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IPG Photonics Financials and Metrics

IPG Photonics Revenue

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IPG Photonics's revenue was reported to be $1.31 b in FY, 2019

Revenue (Q2, 2020)


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Market capitalization (19-Oct-2020)


Closing stock price (19-Oct-2020)


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IPG Photonics's current market capitalization is $9.9 b.
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Financial Leverage

1.1 x
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IPG Photonics Operating Metrics

IPG Photonics's Backlog was reported to be $712.3m in FY, 2018. IPG Photonics's Units Shipped was reported to be 43 k in FY, 2018. IPG Photonics's Enterprise Customers was reported to be 4.3 k in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Enterprise Customers

2.70 k3.05 k3.20 k3.75 k4.30 k

Units Shipped

24.80 k32.80 k37.50 k46 k43 k


$321 m$442.50 m$413.90 m$743.60 m$712.30 m

Patents Issued

170 200 240 270 350
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IPG Photonics Acquisitions / Subsidiaries

Company NameDateDeal Size
Laser Depth DynamicsDecember 04, 2017
Innovative Laser TechnologiesJune 19, 2017$40 m
Menara NetworksMay 09, 2016
JPSASeptember 04, 2012
IPG Laser GmbH

IPG Photonics Cybersecurity Score

Cybersecurity ratingPremium dataset



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IPG Photonics Revenue Breakdown

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IPG Photonics revenue breakdown by business segment: 5.9% from Other Applications and 94.1% from Materials Processing

IPG Photonics revenue breakdown by geographic segment: 43.1% from China, 13.9% from North America, 8.7% from Other Asia and Australia, 6.0% from Japan, 20.3% from Other Europe including Eastern Europe/CIS, 7.6% from Germany and 0.3% from Other

IPG Photonics Online and Social Media Presence

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IPG Photonics News and Updates

IPG Photonics to Announce Third Quarter 2020 Financial Results on October 30

OXFORD, Mass., Oct. 16, 2020 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its third quarter 2020 financial results before the market opens on Friday, October 30, 2020. The company will hold a conference call to review these results at 10:00 a.m. ET that same day. To ac…

Laser developer IPG Photonics hit by a ransomware attack

Nasdaq-listed U.S. laser company IP Photonics Corp. has been hit by a ransomware attack that shut down saw its information technology systems worldwide. First reported Friday by Bleeping Computer, the ransomware attack involved the RansomExx strain of ransomware, sometimes also dubbed Ransom X. Ran…

IPG Photonics to Participate in Upcoming Investor Conference

Event to be webcast live on the IPG Photonics investor relations website Event to be webcast live on the IPG Photonics investor relations website

IPG Photonics Announces Fourth Quarter 2019 Financial Results

 Fourth Quarter Revenue Exceeds Guidance; Company Generates $130 Million Operating Cash Flow

Why It's Wise To Bet That IPG Photonics Stock Will Fall Further

IPG Photonics used to be a booming company -- but trade war and oligarchs list have taken the wind from its sails

IPG Photonics Announces Second Quarter 2019 Financial Results

OXFORD, Mass., July 30, 2019 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the second quarter ended June 30, 2019.
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IPG Photonics Frequently Asked Questions

  • When was IPG Photonics founded?

    IPG Photonics was founded in 1990.

  • Who are IPG Photonics key executives?

    IPG Photonics's key executives are Valentin P. Gapontsev, Igor Samartsev and Eugene Scherbakov.

  • How many employees does IPG Photonics have?

    IPG Photonics has 5,960 employees.

  • What is IPG Photonics revenue?

    Latest IPG Photonics annual revenue is $1.3 b.

  • What is IPG Photonics revenue per employee?

    Latest IPG Photonics revenue per employee is $220.6 k.

  • Who are IPG Photonics competitors?

    Competitors of IPG Photonics include Maxphotonics, nLIGHT and Raycus.

  • Where is IPG Photonics headquarters?

    IPG Photonics headquarters is located at 50 Old Webster Rd, Oxford.

  • Where are IPG Photonics offices?

    IPG Photonics has offices in Oxford, Anaheim, Birmingham, Dallas and in 31 other locations.

  • How many offices does IPG Photonics have?

    IPG Photonics has 36 offices.